Breaking Silos: The Power of Collaboration in Minimizing Denials for Better Revenue Cycle Performance
The combination of technology and cross-functional collaboration allows providers to address denials and achieve optimal revenue performance.
The combination of technology and cross-functional collaboration allows providers to address denials and achieve optimal revenue performance.
Do some people simply think the A in AI stands for Automation? Most likely the confusion is due to a lack of understanding of what AI truly is, combined with a strong desire to use the term for marketing purposes.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
with the right technology, healthcare organizations in the year ahead can become more efficient, make quality care accessible to more people, reduce their recruiting and hiring costs, prevent mistakes, and deliver better outcomes for themselves, their workers and their patients.
Today, what’s required is an all-in-one, administration-specific data management platform (DMP). Purpose-built, integrated and fully connected across operations, these platforms can automate and facilitate compliance, licensing, credentialing, enrollment and more.
The shift to digitally streamlined workflows is long overdue, and organizations that fall behind risk higher costs, lower patient satisfaction, and higher staff member burnout and put the facility at risk for a patient safety event.
When used correctly, RPA solutions can completely transform operational processes to drive financial efficiency, enhance employee engagement, and improve the customer (or in this case, patient) experience.
We believe the areas that will require the most adaptation are in value-based care payment models, digitally integrated and tailored care delivery and automation.
In an era of high R&D costs and skyrocketing drug prices, pharmaceutical companies are being forced to look to new methods of innovation to alleviate the pressure. Robotic Process Automation (RPA) could help.